The Oil-Climate Index

After 15 years of innovation that was foundational to Stanford’s clean energy education, research, dialogue, and related policy work, the Steyer-Taylor Center closes its doors as its term endowment comes to an end. We remain grateful to Stanford alumni Tom Steyer and Kat Taylor for their vision in establishing the Center. Some of STC’s work lives on through the research of its former fellows and Stanford’s Sustainable Finance Initiative (SFI).

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The Oil-Climate Index (OCI) was developed to alert public and private stakeholders to the full array of oils’ climate impacts from various perspectives, with an eye toward informing investment, development, operations, and governance of the oil supply chain. The index provides new knowledge that these stakeholders can take into account to make more informed, strategic, and durable decisions throughout the oil sector. For instance, it can be used to analyze public policies to reduce oils’ greenhouse gas (GHG) emissions.

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The Oil-Climate Index
Total estimated GHG emissions and production volumes for 30 OCI test oils

The OCI is a project of The Carnegie Endowment for International Peace, in collaboration with Steyer-Taylor Center Research Fellow Jonathan Koomey.